There is plenty on the calendar today

2350 - Japan to kick it all off:

BoP Current Account Balance for October, expected ¥ 1545.0B, prior ¥ 1821.0B

  • BoP Current Account Adjusted: expected ¥ 1716.5B, prior ¥ 1477.3B
  • Trade Balance BoP Basis: expected ¥ 603.0B, prior ¥ 642.4B

Japan Final Q3 GDP (the preliminary results are here): A big beat for GDP, but check out the inflation measure (deflator) ... a notable miss.

  • GDP (seasonally adjusted), final, q/q: expected 0.5%, preliminary was 0.5%
  • GDP Annualized (seasonally adjusted), final y/y: expected 2.3%, preliminary was -2.2%
  • GDP Nominal (seasonally adjusted), final q/q: expected 0.2%, preliminary 0.2%
  • GDP Deflator y/y, final: expected -0.1%, preliminary -0.1%
  • GDP Consumer Spending (aka private Consumption) y/y, expected 0.1%, preliminary 0.1%
  • GDP Business Spending y/y, expected +0.2%, preliminary 0.0%

Tts Thursday, so we also get the regular International Securities flows for the week past

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0001GMT - UK data - RICS house price balance for November

0030GMT - Australia - Trade balance for October, expected is AUD -610m, prior was AUD -1227m

0030GMT - New Zealand - Half-year Economic and fiscal update

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0200GMT - China trade balance for November

  • expected $46.90bn, prior $49.06bn

& Exports y/y

  • expected -5.0%, prior -7.3%

& Imports y/y

  • expected -1.9%, prior -1.4%

Also, and we'll likely get these before the USD terms ...

Trade Balance CNY terms

  • expected 316.48bn, prior 325.25bn

Exports y/y

  • expected -0.7%, prior -3.2%

& Imports y/y

  • expected 4.1%, prior 3.2%